Published by Coherent Market Insights
Posted on September 15, 2021
5 min readLast updated: February 10, 2026
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Knife is a tool with a cutting edge attached to a handle. Knifes are used in food industry for handling and preparing food. Cutting plays a vital role in every stage of food processing. Various types of knives include bayonet, ballistic knife, combat knife, dagger, butterfly knife, and others. The market is projected to reach US$ 2,848.9 million by the end of 2027, at a CAGR of 4.5% over the forecast period (2019 – 2027), owing to increasing demand for knives from the food industry for cutting poultry, meat, fish, vegetables, fruits, grains, nuts, etc.
Availability of an array of knifes at low costs is driving growth of the global knife market. For instance, different types of kitchen knives include the chef’s knife which has blade size between 6 and 14 inches, paring knife, which is commonly used for chopping fruits and vegetables; utility knives which have blade size between 4 and 7 inches, bread knife, carving knife, which is used for carving meat, cleaver, which is a rectangular knife, steak knife, kitchen shears, which are used in cutting herbs, etc., and lettuce knife which is used in cutting salads among others.
The Knife report covers significant data related to the market driving forces that are predicted to have a huge impact on the company portfolios and market share of the industry. Likewise, the Knife report studies all the latest market strategies by sorting them according to challenges as well as opportunities that the market will experience over the forecast.
Top Key Players in Knife market: Olfa, Corporation, Stanley, Black, &, Decker, Inc., Milwaukee, Electric, Tool, Corporation, Irwin, Industrial, Tools, Workpro, DeWalt, Pacific, Handy, Cutter, Inc., Hyde, Tools, Inc., Craftsman, U.S., Blade, Manufacturing, Co., Inc., Roberts, Consolidated, Industries, Inc., Q.E.P., Co., Inc., Apex, Tool, Group, LLC, Fiskars, Group, and, Klein, Tools, Inc.
The scope of the Report:
The report segments the global Knife Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Knife Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
Regional Analysis:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Knife market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
The global knife market was valued at US$ 1,916.0 Million in 2018, and is predicted to register a CAGR of 4.5% in terms useful to succeed in US$ 2,848.9 Million by 2027 over the forecast period (2019 – 2027).
Among product type, the folding knife segment accounted for the largest market share of 23.0% in the global knife market in 2018. Folding knives are innovative knives and cutters which can safely fit inside a pocket and carried easily. These are small and compact knives which can be folded easily to conceal the blade when not in use. Folding knives are self-retracting and blades are easily replaceable. It is an optimum choice to prevent injuries at the workplace. These factors are expected to drive demand for folding knives in the global knife market during the forecast period.
Players operating in the global knife market are adopting various growth strategies such as mergers and acquisitions in order to enhance their market share. For instance, in December 2018, Pacific Handy Cutter, a manufacturer of safety cutting tools, acquired Klever Innovations, a manufacturer of a full line of concealed bladed safety cutters. Through this acquisition, Pacific Handy Cutter aims to strengthen their market position in the production, designing and distribution of blades and safety cutting tools.
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The post Knife market swot analysis by top key vendors, demand and forecast research to 2027 appeared first on Gatorledger.
The global knife market is predicted to register a CAGR of 4.5%, increasing from US$ 1,916.0 Million in 2018 to US$ 2,848.9 Million by 2027.
The folding knife segment accounted for the largest market share of 23.0% in the global knife market in 2018.
Players in the global knife market are adopting various growth strategies, such as mergers and acquisitions, to enhance their market share.
The availability of a variety of knives at low costs is driving growth in the global knife market.
The report is highly structured into region-wise studies, highlighting key regions and their dominating countries.
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